$BILL Signal】Short - Selling pressure suppresses order book depth, 1H MACD contracting


$BILL Buy order depth ratio is only 0.06, with obvious sell-side accumulation, 4H MACD remains bullish but 1H histogram continuously shortens, price has fallen from 0.0988 to 0.0909.
Bollinger Band upper band on the 1H chart at 0.0977 forms short-term resistance, funding rate is neutral at 0.005%, open interest remains stable with no signs of increase.
🎯Direction: Short
⚡Entry/Order: 0.11075
🛑Stop Loss: 0.11164
🚀Target 1: 0.10898
🚀Target 2: 0.10809
🛡️Trade Management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss up to 0.11075 (break-even). If price returns to entry level, automatically exit.
Severe imbalance in sell-side depth, when price rebounds to the upper boundary of the range, short orders are placed, with a risk-reward ratio of about 1:1.6, but the probability of stop loss being hit is lower when selling pressure is concentrated.
View real-time market 👇 $BILL
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BILL3.3%
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